BGL 0.98% $1.80 bellevue gold limited

Ann: Further high-grade drill results at the Tribune discovery, page-24

  1. 2,011 Posts.
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    What a load of hogs wash - anyone borrowing stock to sell whether it is for one minute or 1 month is short selling....and this is only feasible if there is sufficient turnover in the company to buy the stock back at lower price (to make a profit) as eventually you need to return the stock to the rightful owner....I also can not forsee anyone lending DRG stock for such purposes as it is generally not liquid enough as evidence by the Shortman showing how little is shorted in this stock.

    This looks like offloading to me - either for tax reasons leading into the end of FY or a fund rebalancing their books for the end of year.....either way it looks like a bargain but it is hard to know when it will stop.

    God I love posters with no idea of markets and or marker instruments preaching to others.
 
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